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Monthly Archives: June 2024

Yen Strengthen In Hawkish BoJ Statement

Written on June 26, 2024 at 6:20 am, by

Market Summary The U.S. dollar is hovering near its recent high levels amid global navigation through Eurozone political uncertainty and the divergence in central bank monetary policies. Besides the U.S. dollar, market attention is focused on the Australian dollar today as the Reserve Bank of Australia (RBA) is set to announce its interest rate decision,Continue Reading

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Dollar Strengthens Amid Hawkish Fed Remarks

Written on June 26, 2024 at 6:19 am, by

Market Summary The Dollar Index experienced a slight rebound as investors processed hawkish comments from Federal Reserve officials, particularly Minneapolis Fed President Neel Kashkari’s suggestion to delay rate cuts until December. This shift in sentiment strengthened the dollar, influencing various markets. Crude oil prices retraced from two-week highs as investors took profits amidst market uncertainties.Continue Reading

Categories: Uncategorized

Dollar Strengthens Amid Hawkish Fed Remarks

Written on June 26, 2024 at 6:19 am, by

Market Summary The Dollar Index experienced a slight rebound as investors processed hawkish comments from Federal Reserve officials, particularly Minneapolis Fed President Neel Kashkari’s suggestion to delay rate cuts until December. This shift in sentiment strengthened the dollar, influencing various markets. Crude oil prices retraced from two-week highs as investors took profits amidst market uncertainties.Continue Reading

Categories: Uncategorized

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